November 24, 2022/Cordros Report EQUITIES Trading in the local bourse sustained the week’s positive momentum following bargain hunting in AIRTELAFRI (+6.3%) and BUAFOODS (+6.1%) stocks. Thus, the All-Share Index advanced by 0.8% to 46,604.94 points. Accordingly, the Month-to-Date and Year-to-Date returns printed +6.3% and +9.1%, respectively. The total volume of […]
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MIDDAY UPDATE: Nigerian Stocks Up +0.16%, Driven by Bellwether Counters
November 24, 2022/InvestmentOne Update ASI as at 12.00pm: +0.16% Market movers: NB (+6.50%), BUAFOODS (+6.11%), CWG (-9.09%) and UCAP (-2.69%). Sector Performances: Consumer Goods (+2.08%), Oil and Gas (+0.16%), Industrial (+0.03%) and Banking (-0.98%). Market activity: In today’s trade, total volume and value decreased by 26% and 14% respectively […]
Positive Sentiments Persist as Nigerian Bourse +2.90%, Driven by BUACEMENT, DANGCEM
November 23, 2022/Cordros Report EQUITIES The bullish momentum in the Nigerian equities market switched into a higher gear as renewed interest in DANGCEM (+10.0%) and BUACEMENT (+9.7%) drove the benchmark index 2.9% higher – the most significant single-day gain since 08 November 2021 (+2.9%). Thus, the NGX ASI closed at […]
